Glu Mobile Earnings Wrap

After Wednesday's close, Glu Mobile GLUU reported Q2 EPS earnings beat of $0.02 versus the estimated $0.05. EPS increased by 60 percent from Q2 2013.

Revenue for the quarter was $40.90 million, above analysts estimated $32.68 million.

Glu Mobile also announced it would acquire CIE Games.

Guidance for Q3 EPS came in at $0.09 to $0.11, compared to the analysts estimate of $0.05; full-year undefined EPS of $0.17 to 0.21 compared to the analysts estimate of $0.20.